Posts Tagged ‘shale gas’

Like many in the White House before him, President Barack Obama charted out a plan last week to reduce America’s dependence on foreign oil. And like his predecessors, his road map to cut U.S. oil imports by one-third over the next decade comes against the backdrop of sharply rising oil prices and supply disruptions from [...]

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Curious, isn’t it, how some of the largest shale gas producers seem to be drilling more for oil these days? According to Baker Hughes Inc., a major oil services company, last week the number of natural gas rigs operating in the US fell for a fifth consecutive week to a ten-month low. Just as the [...]

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EIA’s Forecast Is an Energy Fantasy Land

Posted by Jeff Rubin on December 22nd, 2010 under SmallerWorldTags: , , ,  • 20 Comments

The recently released base case that will be used in the upcoming Annual Energy Outlook 2011 from the US Department of Energy’s Energy Information Administration (EIA) paints a future of cheap and abundant energy for the US economy over the next quarter of a century. But its underlying assumptions are no more credible than those [...]

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As I head down to Washington to speak at the ASPO-USA (Association for the Study of Peak Oil and Gas) 2010 World Oil Conference this week, I can’t help but reflect on how far the peak oil movement has come over the last decade. It’s not too hard to figure out why. There is a [...]

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Boone Pickens’s Plan Full of Hot Air

Posted by Jeff Rubin on August 11th, 2010 under SmallerWorldTags: , , , ,  • 8 Comments

Boone Pickens’s plans to save the United States from its energy dependence on so-called hostile petro-powers is, simply put, full of hot air. The abundance of shale gas in the US will no more free the country’s motorists from dependence on foreign oil than have either the American production of over ten billion gallons of [...]

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